Order intake and sales at 30 September 2020

Thales (Euronext Paris: HO) announced today its order intake and sales for the period ending 30 September 2020. 

Patrice Caine, Chairman & Chief Executive Officer, commented:

"After the unprecedented disruptions to Q2 2020 caused by the Covid-19 pandemic, sales in Q3 improved significantly thanks to the efforts of Thales teams worldwide. All business lines – with the exception of civil aeronautics – illustrated the Group's resilience in the face of this crisis. Unsurprisingly, civil aeronautics sales were down sharply in Q3, by around 45%.
Q3 order intake was in line with our expectations, and a number of large contracts, especially in defence and the space domain, are being finalised.
Against a backdrop of considerable economic and public health uncertainty, all the teams remain committed to implementing the global adaptation plan, which is expected to generate savings of some €800 million in 2020. We confirm all our financial objectives for the year."

•    Order intake: €9.2 billion, down 12% (-18% on an organic basis [1])
•    Sales: €11.7 billion, down 5.6% (-10.5% on an organic basis)
•    Marked improvement in sales in Q3:
       - Total organic change: -4.3% (-19.9% in Q2)
       - Organic change excluding aeronautics: +1.5% (-14.8% in Q2) 
•    All 2020 financial objectives confirmed

 

Order intake (in € millions)

9 months
2020

9 months
2019

Total
change

Organic change

Aerospace

2,268

2,625

-14%

-13%

Transport

805

868

-7%

-6%

Defence & Security

3,853

5,270

-27%

-27%

Digital Identity & Security

2,227

1,621

n.m.

-4%

Other

27

62

-

-

Total

9,181

10,445

-12%

-18%

Sales (in € millions)

 

Aerospace

2,898

3,787

-23.5%

-23.3%

Transport

1,102

1,268

-13.1%

-12.3%

Defence & Security

5,469

5,670

-3.6%

-3.3%

Digital Identity & Security

2,201

1,631

n.m.

-4.2%

Other

46

54

-

-

Total

11,714

12,410

-5.6%

-10.5%

 

We are pleased to invite you to participate in our conference call in English:
 

Thursday,22 October 2020 at 8:30 am (CET)
 

Dial-in the following number  from:

Standard international

+44 (0) 2071 928338

United Kingdom  (Local)

United States, N.Y (Local)

+44 (0) 8444 819752

+1 646741 3167
 

France,  Paris 

+33 (0) 1 70 70 07 81

+ Passcode:
to communicate to the operator
5161688

 

It will be also possible to follow the conference call through a webcast by using the following link:

https://edge.media-server.com/mmc/p/2vokkurq

If you are unable to listen to the call live through the Webcast a replay will be available one hour after the end of the event, and will remain available for 12 months. To access the replay, please use the aforementioned link.

 

Note
[1] “Organic” means at constant scope and currency. See note on methodology on page 33 of the 2019 universal registration document, and calculation on page 7 of this press release